Jacksonville Commercial Property For
6822 N MAIN Street Jacksonville, FL 32208
For Sale
$4,000,000
Commercial property in Jacksonville, Florida with multiple suites and parking.
Property Size10,790 SF
Lot Size0.81 Acres
Price / SF$370.71
Days on Market786
Property Features for 6822 N MAIN Street
General Information
Standard status
Active
Size
10,790 SF
Lot size
0.81 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1947
Listing Agency:
CABANA LANE, INC
(904) 557-1182
Listed By:
JARED JONES · License #3470617
(904) 557-1182
Source:
Exitrealty
Added: Jun 3, 2024
Changed: Jul 6
Last Checked: Jul 28 at 3:57AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CABANA LANE, INC
Investment Insights
Based on property information with market context.
Located in Jacksonville, Florida, this commercial property offers an investment opportunity. The property includes seven suites designed for various business needs, with potential for expansion to add more suites. A large, fenced parking area is situated at the rear. The property also features a well, and multiple storage areas that offer additional rental income potential. There is a secondary structure on the premises that could be repaired for further use or removed to create additional space or redevelopment opportunities. Several tenants are already in place, providing immediate rental income. The property size is 10790 square feet.
Key Highlights
- Prime location in Jacksonville, Florida, a city with a thriving commercial sector.
- Seven individual suites designed to accommodate various business needs.
- Immediate rental income from existing tenants.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $194.2k | $18.00 |
| − Vacancy | −$20.0k | −$1.85 |
| EGI | $174.2k | $16.15 |
| − OpEx | −$52.3k | −$4.84 |
| NOI | $122.0k | $11.30 |
10,790 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.74M
$1.52M – $2.03M
NOI $121,951 @ 7.0% cap · market cap 3.05%
Second Best
Warehouse
$1.04M
$910.0K – $1.21M
NOI $72,803 @ 7.0% cap · market cap 1.82%
Theoretical Best
Office A
$2.96M
$2.59M – $3.45M
NOI $206,909 @ 7.0% cap · market cap 5.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Storefront property - Commercial property in Jacksonville, Florida with multiple suites and parking.
Where is this storefront property located?
The property is located at 6822 N MAIN Street Jacksonville, FL.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Prime location in Jacksonville, Florida, a city with a thriving commercial sector.; Seven individual suites designed to accommodate various business needs.; Immediate rental income from existing tenants.
